Stock market struggles to end 2017’s final trading day on a high note

U.S. stock indexes opened slightly higher on Friday, with the Dow Jones Industrial Average and the S&P 500 index flirting with records to end the final trading day of 2017, albeit in light volume. The Dow rose 5 points, or less than 0.1%, at 24,843, after recording its 71st record on Thursday, while the S&P 500 index rose 1 point, or less than 0.1%, at 2,688, just a few points shy of its closing record hit on Dec. 18. The Nasdaq Commposite Index traded in break-even territory at 6,948. In corporate news, online-streaming service Netflix Inc. said on Thursday it plans to increase the annual salary for a number of its top executives in 2018, citing the recently passed tax overhaul for the change. However, its shares were down 0.2%.

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From:: Stock Market News

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